RE: LitePay is about to launch in a few days [GAMECHANGER]
Hello, just from reading the original post it's unclear whether or not LitePay is actually getting dropped this coming week? Supposedly the launch date was February 26th.
I'd love for this to be functioning, I really would. Being able to buy my groceries with LTC right now would solve a lot of problems. But in reality, the volatility of the currency in the coming weeks would create massive amounts of problems for not only the network but for the price you would actually buy groceries at.
LTC tripled in value at the end of December just because of the influx of members to Coinbase, then it crashed along with everything else because of the state of BTC.
Think about how the price will be affected with LitePay coming to the market, plus imagine the amount of transactions (more) that will emerge. Is the LTC network built for that?